The Capital One Venture card is an excellent option for anyone who wants a brand-agnostic travel card with rewards that are simple to grasp and easy to tally. That's lower than competing cards with a fee, like the Chase Sapphire Preferred card, which pays 1.25 cents per dollar when miles are redeemed for cash back as of February 2022. Poor Cash Back Redemption Rate: Miles redeemed for cash back on this card vary and may only be worth 0.5 cents per dollar.There are travel cards, like the Capital One VentureOne, that have no annual fee and offer rewards and one-time bonuses that are respectable, albeit generally a step below those of this card. Still, paying an annual fee is still less than ideal for consumers who prefer not to track its cost against the rewards they’re earning. $95 Annual Fee: It's not unusual for travel credit cards to come with an annual fee, and this one’s $95 cost is on par with competing cards.Cardholders can also redeem miles through Capital One's online travel portal or transfer miles to the loyalty programs of over a dozen partners. While eligibility depends on the merchant, reimbursable transactions typically include those for airfare rail, taxi, and bus fares limousines and ride-sharing car rental cruises hotels and timeshares. Flexible Redemption Option: This card allows you to make travel purchases with any vendor and then retroactively receive reimbursement from your rewards account, at the rate of 1 cent per mile.Generous One-Time Offer: Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within three months from account opening, equal to $750 in travel.Instead, most competitors limit such high rewards earnings to spending on select categories, sometimes with annual or quarterly limits on earnings.
Though other cards in this category pay a similar rewards rate, few, if any, offer such generous rewards for all types of purchases, and without any cap on earnings. Earn 2X miles on all other purchases, every day. Plus, 5 Miles per dollar on hotels and rental cars booked through Capital One Travel. A Single High Rewards Rate With No Cap on Earnings: This card earns 2 Miles per dollar on every purchase, every day.The Sapphire Reserve and the AmEx Platinum recently raised their annual fees to $550 and $695, respectively, leaving many cardholders to rethink those cards’ places in their wallets. But unlike Chase and AmEx’s top-of-the-line offerings, it will do so with an annual fee below $400. Like its fellow premium cards, the Venture X will feature a slate of top benefits. mainland and Hawaii on Turkish Airlines' partner United-or nearly six round-trip tickets in economy with miles to spare. For those who would rather stay domestic, those same miles transferred to Miles&Smiles program can secure around four round-trip business class tickets between anywhere on the U.S. For example, if transferred to Aeroplan, a stockpile of 75,000 Capital One miles is nearly enough to book a seat in Air Canada partner Lufthansa’s coveted first class on flights between North America and Europe of up to 6,000 miles long (like the Chicago-to- Frankfurt route). Welcome offerįor those who can reach the $4,000 spending threshold in the first three months, the Venture X’s 75,000-point welcome offer is especially lucrative considering the recent transfer ratio tweaks. And holders of both Sapphire options earn bonus points on all travel, whether or not it’s booked through Chase’s travel portal. The Chase Sapphire Preferred and AmEx Gold, for example, offer bonuses on dining purchases and certain grocery purchases, which are easier for many cardholders to maximize. With the move, points now transfer to nearly all of Capital One’s partners at a 1:1 ratio, meaning that with the Venture X, cardholders can earn twice as many miles on non-travel spending as they can with other popular travel cards such as the Chase Sapphire Preferred, Chase Sapphire Reserve, American Express Gold Card, or the American Express Platinum Card.īut while the non-bonus earn rate is high, the bonus categories are more restrictive than those offered by competing cards. Transferring points to those airlines will allow you not only to book their flights, but their partners’ and alliances' flights, too, opening up a world of options. As recently as early last month, that wouldn’t have meant quite as much as it does now, but Capital One recently improved its points transfer ratios for six airline partners, including Air Canada Aeroplan, Turkish Airlines Miles&Smiles, and British Airways Avios. anything that's not booked through the Capital One portal). What stands out about the Venture X on first glance is its two miles per dollar earned on non-bonus spending (i.e. Learn more about applying for the Capital One Venture X card.
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